April 28 Cryptocurrency Market

🔹Strategy: Trade within the range around 76,800. Funds are waiting for Trump’s speech and the Federal Reserve decision, and there won’t be major moves during the day.
🔹News: Trump is dissatisfied with Iran’s new proposal of “open the strait first and then discuss nuclear issues,” but he has not clearly rejected it. There’s a possibility of a surrender—he will deliver remarks soon.
🔹Macro: Both Japan and the US face pressure to raise interest rates. The Bank of Japan just voted to keep rates unchanged, but the 6:3 split is unprecedented. As for the Federal Reserve, the vote on Waller’s nomination is on the 29th—before the Fed’s rate decision—yet after taking office, the dovish member Meller, who temporarily replaced the governor, will step down. Meanwhile, whether Powell will also relinquish his seat as governor on May 15 remains uncertain, and calls within the Fed to raise rates are increasing.